The Benefits of Diversification & How to Achieve Them

What is Diversification? Almost everyone has heard that diversification is important in building portfolios. However, many people don’t understand what it is, why it’s important, or how to maximize its benefits. Diversification means spreading the assets in a portfolio among different investments. The goal is to smooth out the returns of the portfolio. For most…

Q2 2023 Market Review

Highlights After a choppy start to the second quarter, stocks gained meaningfully in June. This marks the third straight quarter of positive returns for stocks, both in the US and internationally. Reversing the trend from last quarter, the US stock market led, followed by developed international, with emerging markets trailing. While fixed-income markets pulled back…

q1 2023 market commentary collective wealth planning

Q1 2023 Market Review

Highlights Despite a large amount of negative news in the headlines during the quarter, including turmoil in the banking sector highlighted by the failure of Silicon Valley Bank and the collapse of Credit Suisse, 2023 started strongly across major asset classes. Stocks and bonds, both domestically and abroad, extended their rebound from last year’s third-quarter…

Create Your Philanthropic Philosophy

You can consider this blog/vlog entry a mini-workshop for those of you looking for a framework to help guide your philanthropic intentions. I have had several client families in the same predicament: they’ve saved diligently, and through our work together, we ensure that their nest egg will support them to and through retirement. They have…